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Keywords: Signalling
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Journal Articles
Journal:
Management Research Review
Management Research Review (2022) 45 (7): 882–896.
Published: 18 October 2021
... activity of IPOs. Sponsor(s) signal quality by trying to share accurate information about company values. As a result, the confidence of rational investors in the company’s future prospectus increases and they hold their shares for future gains, which reduces the flipping activity. Also, democratic...
